Post by
Buckfinder on Nov 28, 2020 3:59am
Tepal - our permitted COPPER-Gold project in Mexico...
.. from my conversation with IR end of july...
NPV of Tepal at 1500 Au and 3 Cu = $ 345mm
with +20% in price of each of the commodity you get a boost of minimum $150mm...
So just do the math...
IF Gold is 1800 and Copper 3,60 then the NPV jumps to $500mm (near reality with actual prices)...
IF we calculate only 50% of the NPV although Tepal is fully permitted and easy to mine (open pit) => $250mm MINIMUM VALUE OUT OF TEPAL
Market cap of Defiance Silver: cdn 139mm
Conclusion:
Thats's the reason why this stock did not give up most of its recent gains and shows extrem resilience
Although Tepal is not the focus project (which is the Acacio project in the silver richest region in Mexico where a 10 Mio aggressive drilling program is going to start with every day) the stock is actually not priced even at the 50% NPV of the permitted Tepal project.
STRONG BUY.
Glta